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Weak Rupee makes restaurant business unpalatable
Unprecedented increase in food costs, together with government’s move to increase import duty on food items, and above all, a declining consumer demand; the food service industry in India is facing insurmountable hurdles to sustain business. Hospitality Biz explores how the restaurant segment is coping with the challenges
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‘Indians today experiment with new varietals of wine’ - Adrian Pinto, Senior Manager Wines, Nine Hills India, Pernod Ricard India
Wine is no longer an unfamiliar beverage for Indians. The Indian wine market has come a long way since the country started producing wines about a decade ago. Adrian Pinto, Senior Manager Wines, Nine Hills India, Pernod Ricard India, in an interaction with Hospitality Biz, shares his thoughts on wine trends in India and the challenges wine makers face in the country today
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This Week's Top Headlines
Hotel & Restaurant Association of Northern India (HRANI) has demanded lowering of the infrastructure lending cap to Rs 50 cr for hotel projects so that budget hotels can also avail bank finances at reduced rate of interest. more>>
With an array of brands operational in the Indian market, Marriott International Inc. is looking at bringing its 'Autograph Collection' and 'Edition' brands to the country. more>>
With the intention to develop Haryana into a meetings and convention destination, Haryana government will set up convention and conferencing facilities around the existing tourist complexes more>>
The Ritz-Carlton Hotel Company has officially opened doors of its first luxury hotel in India. Located on Residency Road in Bengaluru, the 277 room The Ritz-Carlton Hotel, Bangalore more>>
St Regis, a luxury hotel chain, may soon open its first India property in Mumbai. Starwood Hotel and Resorts, which owns St Regis, is in talks to manage Phoenix Mills-owned Pallazzio Hotels and more>>
InterGlobe announced the expansion of ibis, the international economy hotel brand of Accor, with the launch of ibis Jaipur. This marks the opening of the first ibis hotel in Jaipur and eighth ibis in India. more>>
Australia-based independent hospitality group, StayWell Hospitality Services, which has opened first Leisure Inn brand in Jaipur recently and more>>
V Resorts, a chain of off beat resorts in India, has signed their eight resort property in Rajaji National Park in Uttarakhand. The 16-room resort property will become operational from December 1, 2013. more>>
Bengaluru-based Synergy Hotels & Resorts recently unveiled plans to foray into property leasing in Rajasthan and Kerala early next year. The company represents top-notch hotels and more>>
Mukesh Ambani, Chairman, Reliance Industries Ltd. (RIL) is all set to compete with KFC (Kentucky Fried Chicken) by launching a new chicken restaurant chain, Chicken Came First (CCF) in India, more>>
Kolkata-based Indismart Global Group, which is into hotels and hospitality and management education, will soon expand their global footprint in the hospitality education into Singapore. more>>
The Middleby Corporation, a global food service equipment company, announced the acquisition of the commercial refrigeration and food service products business of Celfrost Innovations Pvt. Ltd. more>>
Puratos, developers and suppliers of finest ingredients for bakery, patisserie and chocolatier markets since last 90 years announced Carat as the Product of the Month for October 2013. more>>
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